WebJan 23, 2024 · Leave Travel Allowance (LTA) is a type of allowance which is provided by the employer to his employee who is travelling on leave from the work to cover his travel … WebSep 2, 2024 · Duty tour allowance refers to the amount paid by the government when a public servant embarks on an official trip. The approval of the new allowances was …
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WebPolicy elements. As our employee, you may need to travel for company purposes. This includes trips to: Meet with clients or partners. Attend events, like conferences, where you’ll represent our company. Visit our company’s offices in other locations. Conduct research or give talks/ lectures/ presentations on behalf of our company. WebThe price of the tour package quoted by the overseas tour operator is $4,500. I charge a service fee of $200 to the traveller for my services in arranging for the tour package. As … shundawear
TRAVELLING ALLOWANCE AND RELATED MATTERS
WebMar 16, 2024 · The exemption is also limited to LTA provided by the employer. For example, if LTA granted by the employer is Rs 30,000, and the actual eligible travel cost incurred by the employee is Rs 20,000, the exemption is available only to the extent of Rs 20,000, and the balance of Rs 10,000 would be included in taxable salary income. WebSep 2, 2024 · According to the circular, the new allowances take effect from September 1. “The president of the federal republic of Nigeria has approved the upward review of duty tour allowances applicable to ... WebMay 10, 2024 · The HC has ruled and upheld the contention of lower tax authorities which required Sun Outsourcing Solutions Private Limited (employer) to deduct tax on lump sum allowance paid to its employees sent outside India on a short-term assignment since the employer could not justify that such allowances were utilised by the employees towards … shunde co. ltd hardware parts